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Remodeled Multi-Tenant Office Building
For Sale
Contact for pricing

120 N Vermilion St, Danville, IL 61832

Updated commercial office property with adaptable layouts, private offices, and modernized building systems.

Property SizeContact for details
Days on Market146

Property Features for 120 N Vermilion St

General Information

Standard status Active
Property subtype Office

Amenities

Zoned Heating/AC systems
Membrane Roofs
Private Offices
wiring/network updates

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Larry Kuchefski · License #IL
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 12:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This multi-tenant office building at 120 N Vermilion St in Danville, Illinois, has received extensive remodeling over the past 20 years. Improvements include zoned heating and AC, membrane roofing systems, private offices, and updated wiring and network infrastructure.

The interior configuration can accommodate tenant layouts ranging from 2,500 square feet to 30,000 square feet, providing flexibility for different office requirements within the building. The property is classified as an office building and is offered for sale.

Key Highlights

  • Multi‑tenant office building at 120 N Vermilion St, Danville, IL 61832
  • Extensively remodeled over the past 20 years
  • Zoned Heating/AC systems and membrane roofs

Property Analytics

Current Use

Dependable Insurance with ... Insurance Agency Sparks Nicole Insurance Agency Ludwig Brad Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop Locksmith Bakery Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby

Demographics for 61832, IL

32,878
Population
16,390
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
1,204
Density / Sq Mi
$45,264
Median Household Income
$37,288
Median Earnings
$805
Median Rent
$78,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Updated commercial office property with adaptable layouts, private offices, and modernized building systems.
Where is this office building located?
The property is located at 120 N Vermilion St Danville, IL.
What are key features of this property?
This property features: Multi‑tenant office building at 120 N Vermilion St, Danville, IL 61832; Extensively remodeled over the past 20 years; Zoned Heating/AC systems and membrane roofs
(217) 918-0871 Call to check price and availability
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